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The following is historical data on the U.S. dollar - Canadian dollar exchange rate:
date U.S./Canadian Canadian/U.S.
1/20/2016 0.68 1.46
9/6/2018 0.76 1.32
Calculate the percentage change in the exchange rate over this period.
In order to create more revenues for government, taxes should be implemented on either wealthy individuals or on the luxury items they buy (i.e. jewelry, yachts, stocks and bonds, expensive cars) because they can afford them the most.
What makes data mining an important business tool? What types of information does data mining produce?
The annual maintenance cost is estimated to be $100K. A major renovation at a cost of $50M is required every 100 years. What is the capitalized cost of the bridge at an interest rate of 5%?
Antitrust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power. A hearing is scheduled for your..
Monopolies are generally considered to have disadvantages. However, in certain circumstances, monopolies can have various advantages for consumers and social welfare. Do you agree or disagree with this statement. Defend your answer and use real world..
A firm such as a public utility, which is the sole producer in a market in which government determines prices and standards of service, is known as a(n):
A perfectly competitive firm’s cost of producing q units of output is T C = 18 + 4q + q2. Its corresponding marginal cost is MC = 2q + 4. The firm faces a market price p = $24. Determine the profit-maximizing output for the firm and the corresponding..
Which of the following is true about retained earnings?
Price Quantity Demanded $200 1000 $150 1400 $100 1800 If price falls from $150 to $100, Arrows representing the price and quantity effects both point down. An arrow representing the price effect points down and is shorter than an arrow for the quanti..
The government imposes an excise tax on the sale of all toothbrushes. Before the tax, 2 million toothbrushes were sold every year at a price of $1.50. After the tax is imposed, 2 million toothbrushes are sold every year; consumers pay $2 per toothbru..
Based on the price elasticity and market structure, formulate two strategies where Starbucks can increase revenue and profits?
On December 12 of 1980, Apple Computer sold shares in an initial public offering (IPO) for $22 per share. Since then, the stock has split 2-for-1 three times: June of 1987, June of 2000, and February of 2005. If you bought 100 shares at the IPO and s..
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